欧盟碳市场行情简报 (2026年第31期) 发布日期:2026-02-24 欧美股币普跌,EUA回吐前日涨幅 敢新 1、一级：拍卖价格70.4欧元/吨(-0.66%)，投标覆盖比1.04; 行情 2、二级：EUA期货结算价71.38欧元/吨(-3.25%),成交3.25万手(0.10)。 信号强度:0(0为空仓,立1为偏多/空,土2为多/空) 策略 核心 利多:暂无新增。 逻辑 利空:全球贸易不确定性增加,欧美股市普跌。 风险 1、欧盟经济衰退;2、欧盟增加拍卖以筹措资金;3、排放上限弱化 | | EUA拍卖价格 | CBAM证书价格 | EUA拍卖量 | 投标覆盖比 | 拍卖收入 | | --- | --- | --- | --- | --- | --- | | | (欧元/吨) | (欧元/吨) | (万吨) | | (万欧元) | | 2026-02-23 | 70. 40 | 75. 65 | 271. 25 | 1.04 | 19096 | | 2026-02-20 | 70. 87 | 75. 65 | 109. 30 | 2. 60 | 7746 | | 图表2: EUA拍卖价格走势-季节性图 ...

Group 1: Report Industry Investment Rating - Not provided Group 2: Core View of the Report - EU plans to increase free quota supply, causing EUA to plummet [1] - The signal strength is 0 (0 means short position, ±1 means bullish/bearish, ±2 means long/short) [1] - Bullish factor: Latest data shows EU natural gas inventory is only about 39 - 43%, with Germany, France, and the Netherlands having particularly low inventory, lower than last year's and long - term average [1] - Bearish factors: (1) European and American stock markets closed down collectively, spreading market pessimism; (2) EU plans to relax emission restrictions on EU ETS enterprises and consider increasing free quotas [1] Group 3: Summary by Relevant Catalog Market Conditions - Primary market: The auction price is 80.55 euros/ton (-0.31%), and the bid coverage ratio is 1.45 [1] - Secondary market: The EUA futures settlement price is 78.2 euros/ton (-5.69%), and the trading volume is 71,700 lots (2.40) [1] - On February 5, 2026, the EUA auction price was 80.55 euros/ton, CBAM certificate price was 84.02 euros/ton, auction volume was 2.7125 million tons, bid coverage ratio was 1.45, and auction revenue was 218.49 million euros [3] - On February 4, 2026, the EUA auction price was 80.80 euros/ton, CBAM certificate price was 84.02 euros/ton, auction volume was 1.5245 million tons, bid coverage ratio was 2.03, and auction revenue was 123.18 million euros [3] - On February 5, 2026, the EUA futures settlement price was 78.20 euros/ton (-5.69%), trading volume increased by 2.40 ten - thousand lots to 7.17 ten - thousand lots, and the position remained unchanged at 35.55 ten - thousand lots [4] - On February 5, 2026, the EUA spot settlement price was 76.59 euros/ton (-5.67%), trading volume increased by 27.18% to 11,465 lots [4]